FLT buys Dutch freehold logistics property for 25.36m euros

Singapore

FRASERS Logistics & Industrial Trust (FLT) has acquired a freehold Dutch logistics property from Frasers Property Investments (Europe) BV, an indirect wholly owned subsidiary of its sponsor Frasers Property Ltd.

The agreed property purchase price is 25.36 million euros (S$39.88 million), and the consideration for the transaction is about 24.8 million euros.